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20121104
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the deficit in half. unfortunately, he doubled it. trillion-dollar deficits for the last four years. >> not true. the annual deficit was already running at $1.2 trillion when obama took office. >> reporter: how is fact checking actually done? on the last presidential debate, we watched one of the oldest fact-checking groups do their job. they are called factcheck.org, established by the university of pennsylvania. four members went to work. eugene kiely used to be a newspaper reporter. he covered congress and government for more than 20 years. he is managing this evening's fact checking. been as important or central in this campaign as the economy has been up until recently, there's some material here that we're going to have to research for first time. >> reporter: as soon as the debate begins, kiely starts to type what both candidates say. he comes across figures or comments that need checking. next, he e-mails colleagues, telling them what to research. then they check the accuracy of the comments. they use official sources like those of the congressional research for candidates'
the payment of tax grants. the move comes as it looks increasingly unlikely to pass a bill to issue deficit covering bonds. the main opposition parties are against it. the bonds are necessary to implement the budget. government officials say they could run out of money by the end of november unless it's passed. it was scheduled on friday to allocate $27 billion to prefectures and $24 billion to municipalitie municipalities. some tax grants due in september have already been deferred. people in cash strapped municipalities can expect the latest delay to expect financing and disrupt public services. that's all for me for now. i'll leave you with the markets this tuesday here in asia. >>> the discussion included disputed islands in the south china sea. they agree to continue talks to establish a declaration of conduct with their will to resolve the issue peacefully. countries have been asking china to agree to a legal biding code of conduct governing behavior in the disputed region. they have failed to reach substantial progress over the issue. china has been reluctant to establish a code of c
Search Results 0 to 2 of about 3 (some duplicates have been removed)